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For Companies At a Glance
- Tasks: Lead product development for innovative business experimentation software in the retail and commerce sector.
- Company: Mastercard empowers economies globally, providing secure and accessible digital payment solutions.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation.
- Why this job: Join a cutting-edge team that shapes the future of payments and drives impactful change.
- Qualifications: 8-10 years in product management, with experience in retail and commerce; entrepreneurial mindset required.
- Other info: Collaborate with top talent and leverage data-driven insights to make multi-million dollar decisions.
The predicted salary is between 43200 - 72000 £ per year.
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Overview
The Services team is a key differentiator for Mastercard, providing the cutting-edge services that help our customers grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end-to-end solutions for a diverse global customer base, including issuers, acquirers, and merchants. Centered on data-driven technologies and innovation, these services include payments-focused consulting, loyalty and marketing programs, business Test & Learn experimentation, and data-driven information and risk management services.
Business Measurement & Optimization - Market Basket Analyzer
As a member of the BM&O product management team, you will build industry-leading business experimentation software that brings sophisticated analytic techniques to business users around the world. We are rapidly expanding our product offerings and innovating on how we deliver Market Basket Analyzer solutions to our clients. We are looking for innovative individuals that can help define and prioritize our product roadmap and tackle the big challenges of the future. This role will lead product development efforts for existing and early stage new product concepts.
Position Responsibilities
- Build products used by some of the world's largest organizations to make multi-million dollar decisions.
- Develop inspiring product vision and strategy derived from customer needs, market opportunities, and technology trends.
- Translate product strategy into product roadmaps and team goals.
- Work with Software Development Engineers, UX designers, and Technical Program Managers to define product requirements.
- Leverage usage data and other customer-based evidence to prioritize feature roadmaps.
- Deeply understand P&L data and be able to develop product strategies that tie closely with financial statements and hit target forecasts.
All About You:
- 8-10+ years in product management and product development experience.
- 3-5+ years of experience managing product managers.
- Experience in creating products for the Retail & Commerce industry.
- Entrepreneurial mindset and able to challenge the status quo.
- Deep expertise in agile product development best practices.
- Ability to work closely with engineers, CX designers, and other PMs to define and release valuable product features.
- Broad strategic thinking skills to understand market needs and prioritize thoughtfully.
- Creative problem-solving skills.
- High attention to detail and ability to deeply understand financial data and forecast financial outcomes.
- Ability to navigate various stakeholders and organizational complexity.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
Abide by Mastercard’s security policies and practices;
Ensure the confidentiality and integrity of the information being accessed;
Report any suspected information security violation or breach;
Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.
Contact Detail:
MasterCard Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Product Management (Retail and Commerce Domain Experience)
✨Tip Number 1
Familiarise yourself with the latest trends in the Retail and Commerce sector. Understanding current market dynamics and consumer behaviour will help you speak confidently about how your experience aligns with Mastercard's goals during interviews.
✨Tip Number 2
Network with professionals in product management, especially those who have experience in the payments industry. Attend relevant industry events or webinars to connect with potential colleagues and gain insights into the challenges they face.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully led product development initiatives in the past. Highlight your ability to work cross-functionally with engineers and designers, as this is crucial for the role at Mastercard.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data to inform product decisions. Being able to demonstrate a strong understanding of P&L data and financial forecasting will set you apart from other candidates.
We think you need these skills to ace Director, Product Management (Retail and Commerce Domain Experience)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Director, Product Management position. Tailor your application to highlight relevant experience in product management and the retail and commerce domain.
Craft a Compelling CV: Your CV should clearly showcase your 8-10+ years of product management experience, particularly in the retail and commerce industry. Highlight specific achievements and projects that demonstrate your ability to lead product development and manage teams.
Write a Strong Cover Letter: In your cover letter, express your passion for the role and how your entrepreneurial mindset aligns with Mastercard's goals. Discuss your experience with agile product development and your ability to translate customer needs into actionable product strategies.
Highlight Relevant Skills: Make sure to emphasise your creative problem-solving skills, attention to detail, and ability to work with cross-functional teams. Mention any experience you have with data-driven decision-making and financial forecasting, as these are crucial for the role.
How to prepare for a job interview at MasterCard
✨Understand the Product Landscape
Familiarise yourself with Mastercard's product offerings, especially in the Retail and Commerce domain. Be prepared to discuss how your experience aligns with their products and how you can contribute to their innovation.
✨Showcase Your Leadership Skills
As a Director of Product Management, you'll need to demonstrate your ability to lead teams effectively. Prepare examples of how you've successfully managed product managers and driven product development in previous roles.
✨Highlight Data-Driven Decision Making
Mastercard values data-driven strategies. Be ready to discuss how you've used analytics to inform product decisions and how you plan to leverage data in your future role to optimise product performance.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and strategic thinking. Think of scenarios where you've had to navigate complex stakeholder environments or overcome significant challenges in product development.
